The Corporate Tax Rate in Barbados stands at 5.50 percent. Corporate Tax Rate in Barbados averaged 18.74 percent from 2005 until 2026, reaching an all time high of 30.00 percent in 2018 and a record low of 5.50 percent in 2019. source: Ministry of Finance, Barbados

Corporate Tax Rate in Barbados is expected to reach 5.50 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Barbados Corporate Tax Rate is projected to trend around 5.50 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Corporate Tax Rate 5.50 5.50 percent Dec 2026
Personal Income Tax Rate 28.50 28.50 percent Dec 2026
Sales Tax Rate 17.50 17.50 percent Dec 2026
Social Security Rate 23.75 23.85 percent Dec 2026
Social Security Rate For Companies 12.75 12.75 percent Dec 2026
Social Security Rate For Employees 11.00 11.10 percent Dec 2026
Withholding Tax Rate 0.00 0.00 percent Dec 2025


Barbados Corporate Tax Rate
In Barbados, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Barbados.
Actual Previous Highest Lowest Dates Unit Frequency
5.50 5.50 30.00 5.50 2005 - 2026 percent Yearly